Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
Efficiency of racetrack betting markets [[electronic resource] /] / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba
| Efficiency of racetrack betting markets [[electronic resource] /] / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba |
| Edizione | [2008 ed.] |
| Pubbl/distr/stampa | River Edge, N.J., : World Scientific, 2008 |
| Descrizione fisica | 1 online resource (676 p.) |
| Disciplina | 338.4/7798401 |
| Altri autori (Persone) |
HauschDonald B
LoVictor S. Y ZiembaW. T |
| Collana | World Scientific Handbook in Financial Economics Series |
| Soggetto topico |
Horse racing - Betting
Horseplayers - Psychology |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-281-96828-5
9786611968281 981-281-919-3 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Preface to 2008 Edition; Preface in 1994 Edition; List of Contributors; Acknowledgments; Introduction; PART I. PSYCHOLOGICAL STUDIES; Introduction to Psychological Studies D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Odds Adjustments by American Horse-Race Bettors R.M. Griffith; SUMMARY AND CONCLUSIONS; Stability of Choices among Uncertain Alternatives W.H. McGlothlin; PROBLEM; PROCEDURE; RESULTS; Discussion; SUMMARY; A Footnote on Horse Race Betting R.M. Griffith; Literature Cited; Biases in Betting: An Application of Laboratory Findings M.A. Metzger; METHOD; RESULTS; DISCUSSION
REFERENCES PART 11. UTILITY PREFERENCES OF RACETRACK BETTORS; Introduction to Utility Preferences of Racetrack Bettors D.B. Hausch, V.S.Y. Lo and W.T. Zieniba; On the Robustness of the Arrow-Pratt Risk Aversion Measure J.G. Kallberg and W.T. Ziemba; References; Utility Analysis and Group Behavior: An Empirical Study M. Weitzman; I. INTRODUCTION; 11. THE EXPECTED-UTILITY HYPOTHESIS; 111. EXPERIMENTAL BACKGROUND: THE RACE TRACK AND PARIMWTUEL BETTING; IV. THE EXPERIMENTAL PROBABILITY CURVE; V. FORMULATION OF THE MODEL MR. AVMART; VI. AVMART'S INDIFFERENCE CURVE VII. AVMART'S UTILITY OF MONEY CURVE VIII. CONCLUSION; Gambling and Rationality R.N. Rosett; I. INTRODUCTION; II. PARI-MUTUELBETTING; III. BETTING COMBINATIONS; Iv. THE TEEORETICAL RELATION BE- TWEEN RETURNS AND PROBA- BILITIES; V. RACE-TRACK DATA; VI. THE EMPIRICAL RELATION BETWEEN RETURN AND THE PROBABILITY OF WINNING; VII. CONCLUSIONS; APPENDIX A; APPENDIX B; APPENDIX C; Probability and Utility Estimates for Racetrack Bettors M.M. Ali; I. Probability Estimates; 11. Theoretical Explanation of the Differences between Subjective and Objective Probabilities; 111. Risk Attitudes; IV. Conclusion References PART 111. ECONOMIC AND MATHEMATICAL INSIGHTS; Introduction to Economic and Mathematical Insights D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Optimal Horse Race Bets R. Isaacs; 1. Introduction.; 2. The problem.; 3. The solution.; 4. Some ramifications.; Concavity Properties of Racetrack Betting Models J.G. Kallberg and W.T. Ziemba; REFERENCES; Optimal Bets in Pari-Mutuel Systems N. Levin; 1. Introduction; 2 . The General Deterministic Model; 3 . Linear utility **; 4 . Logarithmic utility; 5. The stochastic model; 6 . Conclusion; Acknowledgment Growth versus Security in Dynamic Investment Analysis L.C. MacLean, W.T. Ziemba and G. BlazenkoI . The Basic Investment Problem; 1.1. Measures of Growth; I .2. Measures of Security; 2. Computation of Measures; 3. Effective Growth-security Trade off; 4. Applications; 4. I . Blackjack: ( 6, p ); 4.2. Horseracing: ( p r , y,); 4.3. Lotto Games: (q, (3); 4.4. Playing the Turn of the Year- Effect with Iiides Furures: ( 4 , p ); References; Searching for Positive Returns at the Track: A Multinomial Logit Model for Handicapping Horse Races R.N. Bolton and R.G. Chapman; introduction The Pari-Mutuel System |
| Record Nr. | UNINA-9910452965003321 |
| River Edge, N.J., : World Scientific, 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Efficiency of racetrack betting markets [[electronic resource] /] / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba
| Efficiency of racetrack betting markets [[electronic resource] /] / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba |
| Edizione | [2008 ed.] |
| Pubbl/distr/stampa | River Edge, N.J., : World Scientific, 2008 |
| Descrizione fisica | 1 online resource (676 p.) |
| Disciplina | 338.4/7798401 |
| Altri autori (Persone) |
HauschDonald B
LoVictor S. Y ZiembaW. T |
| Collana | World Scientific Handbook in Financial Economics Series |
| Soggetto topico |
Horse racing - Betting
Horseplayers - Psychology |
| ISBN |
1-281-96828-5
9786611968281 981-281-919-3 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Preface to 2008 Edition; Preface in 1994 Edition; List of Contributors; Acknowledgments; Introduction; PART I. PSYCHOLOGICAL STUDIES; Introduction to Psychological Studies D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Odds Adjustments by American Horse-Race Bettors R.M. Griffith; SUMMARY AND CONCLUSIONS; Stability of Choices among Uncertain Alternatives W.H. McGlothlin; PROBLEM; PROCEDURE; RESULTS; Discussion; SUMMARY; A Footnote on Horse Race Betting R.M. Griffith; Literature Cited; Biases in Betting: An Application of Laboratory Findings M.A. Metzger; METHOD; RESULTS; DISCUSSION
REFERENCES PART 11. UTILITY PREFERENCES OF RACETRACK BETTORS; Introduction to Utility Preferences of Racetrack Bettors D.B. Hausch, V.S.Y. Lo and W.T. Zieniba; On the Robustness of the Arrow-Pratt Risk Aversion Measure J.G. Kallberg and W.T. Ziemba; References; Utility Analysis and Group Behavior: An Empirical Study M. Weitzman; I. INTRODUCTION; 11. THE EXPECTED-UTILITY HYPOTHESIS; 111. EXPERIMENTAL BACKGROUND: THE RACE TRACK AND PARIMWTUEL BETTING; IV. THE EXPERIMENTAL PROBABILITY CURVE; V. FORMULATION OF THE MODEL MR. AVMART; VI. AVMART'S INDIFFERENCE CURVE VII. AVMART'S UTILITY OF MONEY CURVE VIII. CONCLUSION; Gambling and Rationality R.N. Rosett; I. INTRODUCTION; II. PARI-MUTUELBETTING; III. BETTING COMBINATIONS; Iv. THE TEEORETICAL RELATION BE- TWEEN RETURNS AND PROBA- BILITIES; V. RACE-TRACK DATA; VI. THE EMPIRICAL RELATION BETWEEN RETURN AND THE PROBABILITY OF WINNING; VII. CONCLUSIONS; APPENDIX A; APPENDIX B; APPENDIX C; Probability and Utility Estimates for Racetrack Bettors M.M. Ali; I. Probability Estimates; 11. Theoretical Explanation of the Differences between Subjective and Objective Probabilities; 111. Risk Attitudes; IV. Conclusion References PART 111. ECONOMIC AND MATHEMATICAL INSIGHTS; Introduction to Economic and Mathematical Insights D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Optimal Horse Race Bets R. Isaacs; 1. Introduction.; 2. The problem.; 3. The solution.; 4. Some ramifications.; Concavity Properties of Racetrack Betting Models J.G. Kallberg and W.T. Ziemba; REFERENCES; Optimal Bets in Pari-Mutuel Systems N. Levin; 1. Introduction; 2 . The General Deterministic Model; 3 . Linear utility **; 4 . Logarithmic utility; 5. The stochastic model; 6 . Conclusion; Acknowledgment Growth versus Security in Dynamic Investment Analysis L.C. MacLean, W.T. Ziemba and G. BlazenkoI . The Basic Investment Problem; 1.1. Measures of Growth; I .2. Measures of Security; 2. Computation of Measures; 3. Effective Growth-security Trade off; 4. Applications; 4. I . Blackjack: ( 6, p ); 4.2. Horseracing: ( p r , y,); 4.3. Lotto Games: (q, (3); 4.4. Playing the Turn of the Year- Effect with Iiides Furures: ( 4 , p ); References; Searching for Positive Returns at the Track: A Multinomial Logit Model for Handicapping Horse Races R.N. Bolton and R.G. Chapman; introduction The Pari-Mutuel System |
| Record Nr. | UNINA-9910782352803321 |
| River Edge, N.J., : World Scientific, 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Efficiency of racetrack betting markets / / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba
| Efficiency of racetrack betting markets / / edited by Donald B. Hausch, Victor S.Y. Lo, William T. Ziemba |
| Edizione | [2008 ed.] |
| Pubbl/distr/stampa | River Edge, N.J., : World Scientific, 2008 |
| Descrizione fisica | 1 online resource (676 p.) |
| Disciplina | 338.4/7798401 |
| Altri autori (Persone) |
HauschDonald B
LoVictor S. Y ZiembaW. T |
| Collana | World Scientific Handbook in Financial Economics Series |
| Soggetto topico |
Horse racing - Betting
Horseplayers - Psychology |
| ISBN |
1-281-96828-5
9786611968281 981-281-919-3 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Preface to 2008 Edition; Preface in 1994 Edition; List of Contributors; Acknowledgments; Introduction; PART I. PSYCHOLOGICAL STUDIES; Introduction to Psychological Studies D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Odds Adjustments by American Horse-Race Bettors R.M. Griffith; SUMMARY AND CONCLUSIONS; Stability of Choices among Uncertain Alternatives W.H. McGlothlin; PROBLEM; PROCEDURE; RESULTS; Discussion; SUMMARY; A Footnote on Horse Race Betting R.M. Griffith; Literature Cited; Biases in Betting: An Application of Laboratory Findings M.A. Metzger; METHOD; RESULTS; DISCUSSION
REFERENCES PART 11. UTILITY PREFERENCES OF RACETRACK BETTORS; Introduction to Utility Preferences of Racetrack Bettors D.B. Hausch, V.S.Y. Lo and W.T. Zieniba; On the Robustness of the Arrow-Pratt Risk Aversion Measure J.G. Kallberg and W.T. Ziemba; References; Utility Analysis and Group Behavior: An Empirical Study M. Weitzman; I. INTRODUCTION; 11. THE EXPECTED-UTILITY HYPOTHESIS; 111. EXPERIMENTAL BACKGROUND: THE RACE TRACK AND PARIMWTUEL BETTING; IV. THE EXPERIMENTAL PROBABILITY CURVE; V. FORMULATION OF THE MODEL MR. AVMART; VI. AVMART'S INDIFFERENCE CURVE VII. AVMART'S UTILITY OF MONEY CURVE VIII. CONCLUSION; Gambling and Rationality R.N. Rosett; I. INTRODUCTION; II. PARI-MUTUELBETTING; III. BETTING COMBINATIONS; Iv. THE TEEORETICAL RELATION BE- TWEEN RETURNS AND PROBA- BILITIES; V. RACE-TRACK DATA; VI. THE EMPIRICAL RELATION BETWEEN RETURN AND THE PROBABILITY OF WINNING; VII. CONCLUSIONS; APPENDIX A; APPENDIX B; APPENDIX C; Probability and Utility Estimates for Racetrack Bettors M.M. Ali; I. Probability Estimates; 11. Theoretical Explanation of the Differences between Subjective and Objective Probabilities; 111. Risk Attitudes; IV. Conclusion References PART 111. ECONOMIC AND MATHEMATICAL INSIGHTS; Introduction to Economic and Mathematical Insights D.B. Hausch, V.S.Y. Lo and W.T. Ziemba; Optimal Horse Race Bets R. Isaacs; 1. Introduction.; 2. The problem.; 3. The solution.; 4. Some ramifications.; Concavity Properties of Racetrack Betting Models J.G. Kallberg and W.T. Ziemba; REFERENCES; Optimal Bets in Pari-Mutuel Systems N. Levin; 1. Introduction; 2 . The General Deterministic Model; 3 . Linear utility **; 4 . Logarithmic utility; 5. The stochastic model; 6 . Conclusion; Acknowledgment Growth versus Security in Dynamic Investment Analysis L.C. MacLean, W.T. Ziemba and G. BlazenkoI . The Basic Investment Problem; 1.1. Measures of Growth; I .2. Measures of Security; 2. Computation of Measures; 3. Effective Growth-security Trade off; 4. Applications; 4. I . Blackjack: ( 6, p ); 4.2. Horseracing: ( p r , y,); 4.3. Lotto Games: (q, (3); 4.4. Playing the Turn of the Year- Effect with Iiides Furures: ( 4 , p ); References; Searching for Positive Returns at the Track: A Multinomial Logit Model for Handicapping Horse Races R.N. Bolton and R.G. Chapman; introduction The Pari-Mutuel System |
| Record Nr. | UNINA-9910808222203321 |
| River Edge, N.J., : World Scientific, 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Handbooks in Operations Research and Management Science : Finance
| Handbooks in Operations Research and Management Science : Finance |
| Pubbl/distr/stampa | [Place of publication not identified], : Elsevier, 1995 |
| Disciplina | 332 |
| Collana | Handbooks in operations research and management science Finance |
| Soggetto topico |
Finance
Business & Economics Finance - General |
| ISBN | 0-444-89084-X |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910583055703321 |
| [Place of publication not identified], : Elsevier, 1995 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Investing in the modern age [[electronic resource] /] / Rachel E.S. Ziemba and William T. Ziemba
| Investing in the modern age [[electronic resource] /] / Rachel E.S. Ziemba and William T. Ziemba |
| Autore | Ziemba Rachel |
| Pubbl/distr/stampa | Hackensack, NJ, : World Scientific, c2013 |
| Descrizione fisica | 1 online resource (586 p.) |
| Disciplina | 332.6 |
| Altri autori (Persone) | ZiembaW. T |
| Collana | World Scientific series in finance |
| Soggetto topico |
Investments
Investments, Foreign Risk management Investment analysis |
| Soggetto genere / forma | Electronic books. |
| ISBN | 981-4504-75-0 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Acknowledgements; Preface; I Key Concepts; 1. Arbitrage, Risk Arbitrage and the Favorite-long shot Bias; The favorite-long shot bias; Risk arbitrage in the US presidential election; 2. The Bond Stock Earnings Yield Differential Model; Predictive Ability of the Bond-Stock Earnings Yield Difference Model; 3. Investor Camps; The various efficient/inefficient market camps: Can you beat the stock market?; How do investors and consultants do in all these cases?; The importance of getting the mean right; Errors in Means, Variances and Covariances: Empirical
Conclusion: spend your money getting good mean estimates use historical variances and co-variances; II Hedge Funds, Sovereign Wealth Funds and Other Investment Agglomerations; 4. Average Hedge Funds and their Evaluation; 5. Incentives and Risk Taking in Hedge Funds; 6. Evaluating Superior Hedge Funds; The Renaissance Medallion Fund; Evaluating superior funds in the UMASS hedge fund data base using the DSSR; Outstanding funds in the UMASS DHF universe; Final Remarks; 7. Investment in Own-Company Stock; Stock ownership decisions in defined contribution pension plans; Discussion of the results Grace Groner's legacy: A good long term buy and hold own-company stock story 8. Cutting Through the Hype on Sovereign Wealth Funds; Sovereign funds are not monolithic; Sovereign funds are big; A taste for financials; But not as big as some optimists think or as pessimists fear; Increase in strategic stakes oneo opportunism or evidence of a change in strategy?; Politics a likely headwind to acquisitions; 9. A New Age for Liquidity; 10. Government Owned Pensions: Asset Allocation and Governance Issues; Types of sovereign funds; Is there a common asset allocation for pension funds? Governance Issues of public pension funds Intergenerational borrowing; Regional Trends; Asia; Middle East; Europe; Conclusion; 11. Update on Yale's Approach to Endowment Investing; Summary and comments on Yale's results and approach; 12. A Risk Arbitrage Convergence Trade: The Nikkei Put Warrant Market of 1989-90; The historical development leading up to the NSA put warrants; NSA puts and calls on the Toronto and American stock exchanges,1989-1992; 13. Kelly Capital Growth Investing; Blackjack; Betting on unpopular lotto numbers using the Kelly criterion Good and bad properties of the Kelly criterion Calculating the optimal Kelly fraction; Calculating the optimal Kelly fraction; Secured Annual Draw down: b; Appendix; 14. Inno ALM, the Innovest Austrian Pension Fund Financial Planning Model; Some Typical Applications; Model Tests; Conclusions; III Seasonal Effects and Other Anomalies; 15. Investing in the January Turn-of-the-Year Effect with Index Futures; The January effect; Commodity trading: investing in the January small cap effect in the index futures markets; Conclusion; 16. The January Barometer; January barometer research update Move this Around |
| Record Nr. | UNINA-9910463265703321 |
Ziemba Rachel
|
||
| Hackensack, NJ, : World Scientific, c2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Kelly capital growth investment criterion [[electronic resource] ] : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba
| The Kelly capital growth investment criterion [[electronic resource] ] : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba |
| Pubbl/distr/stampa | Singapore ; ; Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (883 p.) |
| Disciplina | 332.63/2042 |
| Altri autori (Persone) |
MacLeanL. C (Leonard C.)
ThorpEdward O ZiembaW. T |
| Collana | World Scientific handbook in financial economic series |
| Soggetto topico |
Investments - Mathematical models
Portfolio management - Mathematical models |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-283-14834-X
9786613148346 981-4293-50-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | pt. 1. The early ideas and contributions -- pt. 2. Classic papers and theories -- pt. 3. The relationship of Kelly optimization to asset allocation -- pt. 4. Critics and assessing the good and bad properties of Kelly -- pt. 5. Utility foundations -- pt. 6. Evidence of the use of Kelly type strategies by the great investors and others. |
| Record Nr. | UNINA-9910456757703321 |
| Singapore ; ; Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Kelly capital growth investment criterion [[electronic resource] ] : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba
| The Kelly capital growth investment criterion [[electronic resource] ] : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba |
| Pubbl/distr/stampa | Singapore ; ; Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (883 p.) |
| Disciplina | 332.63/2042 |
| Altri autori (Persone) |
MacLeanL. C (Leonard C.)
ThorpEdward O ZiembaW. T |
| Collana | World Scientific handbook in financial economic series |
| Soggetto topico |
Investments - Mathematical models
Portfolio management - Mathematical models |
| ISBN |
1-283-14834-X
9786613148346 981-4293-50-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | pt. 1. The early ideas and contributions -- pt. 2. Classic papers and theories -- pt. 3. The relationship of Kelly optimization to asset allocation -- pt. 4. Critics and assessing the good and bad properties of Kelly -- pt. 5. Utility foundations -- pt. 6. Evidence of the use of Kelly type strategies by the great investors and others. |
| Record Nr. | UNINA-9910781310403321 |
| Singapore ; ; Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Kelly capital growth investment criterion : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba
| The Kelly capital growth investment criterion : theory and practice / / editors, Leonard C. MacLean, Edward O. Thorp, William T. Ziemba |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Singapore ; ; Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (883 p.) |
| Disciplina | 332.63/2042 |
| Altri autori (Persone) |
MacLeanL. C (Leonard C.)
ThorpEdward O ZiembaW. T |
| Collana | World Scientific handbook in financial economic series |
| Soggetto topico |
Investments - Mathematical models
Portfolio management - Mathematical models |
| ISBN |
1-283-14834-X
9786613148346 981-4293-50-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | pt. 1. The early ideas and contributions -- pt. 2. Classic papers and theories -- pt. 3. The relationship of Kelly optimization to asset allocation -- pt. 4. Critics and assessing the good and bad properties of Kelly -- pt. 5. Utility foundations -- pt. 6. Evidence of the use of Kelly type strategies by the great investors and others. |
| Record Nr. | UNINA-9910821276503321 |
| Singapore ; ; Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Optimizing the aging, retirement, and pensions dilemma [[electronic resource] /] / Marida Bertocchi, Sandra L. Schwartz, William T. Ziemba
| Optimizing the aging, retirement, and pensions dilemma [[electronic resource] /] / Marida Bertocchi, Sandra L. Schwartz, William T. Ziemba |
| Autore | Bertocchi Marida |
| Pubbl/distr/stampa | Hoboken, NJ, : John Wiley & Sons, c2010 |
| Descrizione fisica | 1 online resource (432 p.) |
| Disciplina |
331.252
332.024 332.024/014 |
| Altri autori (Persone) |
SchwartzS. L <1943-> (Sandra L.)
ZiembaW. T |
| Collana | Wiley finance series |
| Soggetto topico |
Retirement - Economic aspects
Retirement income - Planning Pensions |
| ISBN |
1-282-49090-7
9786612490903 1-118-26638-2 0-470-58566-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Optimizing the Aging, Retirement, and Pensions Dilemma; Contents; Acknowledgments; Preface; Part I: The Aging Population: Issues for Retirement; Chapter 1: Issues in Retirement; 1.1 LONGEVITY AND CHANGING DEMOGRAPHICS ACROSS THE WORLD; 1.2 THE EVOLUTION OF RETIREMENT; 1.3 PROVISION FOR RETIREMENT; Chapter 2: The Various Costs of Pensions: Macro and Micro; 2.1 GOVERNMENTAL COST OF RETIREMENT; 2.2 PENSIONS AND CAPITAL FORMATION; 2.3 REGULATING CORPORATE PENSIONS; 2.4 DC VS. DB: SHIFTING THE RISKS; 2.5 FREEZING PENSION PLANS; 2.6 WHERE DO WE GO FROM HERE?
Chapter 3: The Various Pillars of Retirement: Social Security, Company Pensions, Supplementary Pensions, and Private Savings3.1 PILLARS OF RETIREMENT; 3.2 REFORMING OECD PENSIONS; 3.3 CHANGING ROLE OF PRIVATE PENSIONS; 3.4 PLANS FOR REFORMING SOCIAL PENSIONS; 3.5 RETHINKING PENSION PROMISES: BREAKING THE FIXED LINK TO A MONETARY VALUE; 3.6 INTERGENERATIONAL RISK-SHARING; Chapter 4: Asset Classes: Historical Performance and Risk; 4.1 EQUITIES; 4.2 ETFS: EXCHANGE-TRADED FUNDS; 4.3 BONDS AND FIXED INCOME; 4.4 THE BOND-STOCK MEASURE FOR MEDIUM-TERM LARGE CRASH PREDICTION; 4.5 HEDGE FUNDS 4.6 REAL ASSETS4.7 HOUSING AS AN ASSET CLASS; 4.8 GOLD AND OTHER COMMODITIES; 4.9 PRIVATE EQUITY AND RELATED ASSETS; 4.10 CURRENCIES; 4.11 EVALUATION OF GREAT INVESTORS; 4.12 FUNDAMENTAL AND SEASONAL ANOMALIES OF ASSET RETURNS; Chapter 5: The Current Economic Crisis and Its Impact on Retirement Decisions; 5.1 HOUSEHOLD AND GOVERNMENT DEBT; 5.2 WERE THE CRASH MODELS HELPFUL INSIGNALING THE US AND WORLDWIDE 2007-2009 CRASH?; 5.3 THE SUBPRIME CRISIS AND HOW IT EVOLVED; 5.4 IMPACT ON RETIREMENT EXPECTATIONS; 5.5 PENSIONS IN TROUBLE; 5.6 STATE PENSIONS; 5.7 FUTURE ERP 5.8 FUTURE INFLATION AND PENSIONSPart II: Special Issues and Models; Chapter 6: The Impact of Population Aging on Household Portfolios and Asset Returns; 6.1 INTRODUCTION; 6.2 THE EMPIRICAL EVIDENCE; 6.3 MODELS FOR PORTFOLIO CHOICES AND LIFE-CYCLE ASSET ALLOCATIONS; 6.4 CONCLUSIONS; Chapter 7: A Continuous Time Approach to Asset-Liability Surplus Management; 7.1 THE RUDOLF-ZIEMBA (2004) INTERGENERATIONAL SURPLUS MANAGEMENT MODEL; 7.2 A CASE STUDY APPLICATION OF THE RUDOLF-ZIEMBA MODEL; Chapter 8: Should Defined Benefit Pension Schemes Be Career Average or Final Salary?; 8.1 INTRODUCTION 8.2 CAREER AVERAGE DEFINED BENEFIT SCHEMES8.3 COST NEUTRALITY; 8.4 CHOOSING THE REVALUATION RATE; 8.5 THE ADOPTION OF CAREER AVERAGE PENSION SCHEMES; 8.6 ADVANTAGES OF A SWITCH TO A CAREER AVERAGE SCHEME; 8.7 DISADVANTAGES OF A SWITCH TO A CAREER AVERAGE SCHEME; 8.8 REDISTRIBUTION EFFECTS OF A SWITCH TO CAREER AVERAGE PENSIONS; 8.9 CONCLUSIONS; Chapter 9: Applying Stochastic Programming to the US Defined Benefit Pension System; 9.1 INTRODUCTION; 9.2 INTEGRATED CORPORATE/PENSION PLANNING MODEL; 9.3 ASSISTING THE DEFINED BENEFIT PENSION SYSTEM; 9.4 CONCLUSIONS Chapter 10: Mortality-Linked Securities and Derivatives |
| Record Nr. | UNINA-9910139466503321 |
|
Bertocchi Marida
|
||
| Hoboken, NJ, : John Wiley & Sons, c2010 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Optimizing the aging, retirement, and pensions dilemma / / Marida Bertocchi, Sandra L. Schwartz, William T. Ziemba
| Optimizing the aging, retirement, and pensions dilemma / / Marida Bertocchi, Sandra L. Schwartz, William T. Ziemba |
| Autore | Bertocchi Marida |
| Pubbl/distr/stampa | Hoboken, NJ, : John Wiley & Sons, c2010 |
| Descrizione fisica | 1 online resource (432 p.) |
| Disciplina |
331.252
332.024 332.024/014 |
| Altri autori (Persone) |
SchwartzS. L <1943-> (Sandra L.)
ZiembaW. T |
| Collana | Wiley finance series |
| Soggetto topico |
Retirement - Economic aspects
Retirement income - Planning Pensions |
| ISBN |
1-282-49090-7
9786612490903 1-118-26638-2 0-470-58566-8 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Optimizing the Aging, Retirement, and Pensions Dilemma; Contents; Acknowledgments; Preface; Part I: The Aging Population: Issues for Retirement; Chapter 1: Issues in Retirement; 1.1 LONGEVITY AND CHANGING DEMOGRAPHICS ACROSS THE WORLD; 1.2 THE EVOLUTION OF RETIREMENT; 1.3 PROVISION FOR RETIREMENT; Chapter 2: The Various Costs of Pensions: Macro and Micro; 2.1 GOVERNMENTAL COST OF RETIREMENT; 2.2 PENSIONS AND CAPITAL FORMATION; 2.3 REGULATING CORPORATE PENSIONS; 2.4 DC VS. DB: SHIFTING THE RISKS; 2.5 FREEZING PENSION PLANS; 2.6 WHERE DO WE GO FROM HERE?
Chapter 3: The Various Pillars of Retirement: Social Security, Company Pensions, Supplementary Pensions, and Private Savings3.1 PILLARS OF RETIREMENT; 3.2 REFORMING OECD PENSIONS; 3.3 CHANGING ROLE OF PRIVATE PENSIONS; 3.4 PLANS FOR REFORMING SOCIAL PENSIONS; 3.5 RETHINKING PENSION PROMISES: BREAKING THE FIXED LINK TO A MONETARY VALUE; 3.6 INTERGENERATIONAL RISK-SHARING; Chapter 4: Asset Classes: Historical Performance and Risk; 4.1 EQUITIES; 4.2 ETFS: EXCHANGE-TRADED FUNDS; 4.3 BONDS AND FIXED INCOME; 4.4 THE BOND-STOCK MEASURE FOR MEDIUM-TERM LARGE CRASH PREDICTION; 4.5 HEDGE FUNDS 4.6 REAL ASSETS4.7 HOUSING AS AN ASSET CLASS; 4.8 GOLD AND OTHER COMMODITIES; 4.9 PRIVATE EQUITY AND RELATED ASSETS; 4.10 CURRENCIES; 4.11 EVALUATION OF GREAT INVESTORS; 4.12 FUNDAMENTAL AND SEASONAL ANOMALIES OF ASSET RETURNS; Chapter 5: The Current Economic Crisis and Its Impact on Retirement Decisions; 5.1 HOUSEHOLD AND GOVERNMENT DEBT; 5.2 WERE THE CRASH MODELS HELPFUL INSIGNALING THE US AND WORLDWIDE 2007-2009 CRASH?; 5.3 THE SUBPRIME CRISIS AND HOW IT EVOLVED; 5.4 IMPACT ON RETIREMENT EXPECTATIONS; 5.5 PENSIONS IN TROUBLE; 5.6 STATE PENSIONS; 5.7 FUTURE ERP 5.8 FUTURE INFLATION AND PENSIONSPart II: Special Issues and Models; Chapter 6: The Impact of Population Aging on Household Portfolios and Asset Returns; 6.1 INTRODUCTION; 6.2 THE EMPIRICAL EVIDENCE; 6.3 MODELS FOR PORTFOLIO CHOICES AND LIFE-CYCLE ASSET ALLOCATIONS; 6.4 CONCLUSIONS; Chapter 7: A Continuous Time Approach to Asset-Liability Surplus Management; 7.1 THE RUDOLF-ZIEMBA (2004) INTERGENERATIONAL SURPLUS MANAGEMENT MODEL; 7.2 A CASE STUDY APPLICATION OF THE RUDOLF-ZIEMBA MODEL; Chapter 8: Should Defined Benefit Pension Schemes Be Career Average or Final Salary?; 8.1 INTRODUCTION 8.2 CAREER AVERAGE DEFINED BENEFIT SCHEMES8.3 COST NEUTRALITY; 8.4 CHOOSING THE REVALUATION RATE; 8.5 THE ADOPTION OF CAREER AVERAGE PENSION SCHEMES; 8.6 ADVANTAGES OF A SWITCH TO A CAREER AVERAGE SCHEME; 8.7 DISADVANTAGES OF A SWITCH TO A CAREER AVERAGE SCHEME; 8.8 REDISTRIBUTION EFFECTS OF A SWITCH TO CAREER AVERAGE PENSIONS; 8.9 CONCLUSIONS; Chapter 9: Applying Stochastic Programming to the US Defined Benefit Pension System; 9.1 INTRODUCTION; 9.2 INTEGRATED CORPORATE/PENSION PLANNING MODEL; 9.3 ASSISTING THE DEFINED BENEFIT PENSION SYSTEM; 9.4 CONCLUSIONS Chapter 10: Mortality-Linked Securities and Derivatives |
| Record Nr. | UNINA-9910813260403321 |
|
Bertocchi Marida
|
||
| Hoboken, NJ, : John Wiley & Sons, c2010 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
